The ____ is a measure of the cost efficiency with which the project is being performed.
A) cumulative performance factor
B) cost quality index
C) cost production index
D) cost performance index

Question

Quizplus · Accepted Answer

Cost performance index (CPI) is a measure of the cost efficiency of the project, representing the ratio of earned value (EV) to actual cost (AC). A CPI greater than 1 indicates that the project is performing better than the planned budget, while a CPI less than 1 indicates over-budget performance.

The ____ Is a Measure of the Cost Efficiency with Which